alt Hacker NewsIf it looks like circular financing and smells like circular financing it’s circular financing.
Nobody is under any illusions that most if not nearly all this money is for anything other than buying GPU compute.
If it looks like circular financing and smells like circular financing it’s circular financing.
Nobody is under any illusions that most if not nearly all this money is for anything other than buying GPU compute.
> If it looks like circular financing and smells like circular financing it’s circular financing.
Problem is many people don't know what circular financing is. For instance, pick one of Nvidia's investments and explain why it is a circular financing arrangement.